United Natural Foods reports 2018 executive compensation

CEO Steven L. Spinner receives $5.1M

United Natural Foods reported fiscal year 2018 executive compensation information on November 8, 2018.

In 2018, six executives at United Natural Foods received on average a compensation package of $2,088,401, a 55% decrease compared to previous year.

Steven L. Spinner, Chief Executive Officer, received $5,118,422 in total, which decreased by 63% compared to 2017. 58.59% of Spinner's compensation, or $2,998,780, was in stock awards. Spinner also received $49,025 of change in pension value and nonqualified deferred compensation earnings, $1,013,300 in non-equity incentive plan, $942,385 in salary, as well as $114,932 in other compensation.

Sean F. Griffin, Chief Operating Officer, received a compensation package of $2,093,192, which decreased by 49% compared to previous year. 52.55% of the compensation package, or $1,100,004, was in stock awards.

Michael P. Zechmeister, Chief Financial Officer, earned $1,758,077 in 2018, a 56% decrease compared to previous year.

Joseph J. Traficanti, Senior Vice President, received $1,285,907 in 2018, which decreases by 8% compared to 2017.

Paul S. Green, President, earned $1,151,184 in 2018, a 47% decrease compared to previous year.

Eric A. Dorne, Chief Administrative and Information Officer, received $1,123,622 in 2018, which decreases by 49% compared to 2017.

United Natural Foods' fiscal year ends on July 30.